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home / news releases / API - Agora Cuts Costs And Continues Share Buybacks As Revenue Drops

API - Agora Cuts Costs And Continues Share Buybacks As Revenue Drops

Agora Inc.

2024-05-10 11:50:02 ET

Summary

  • Agora, Inc. provides developers with embedded real-time video and communication services.
  • The market for WebRTC products and services is expected to grow at a high CAGR of 43.4% from 2020 to 2027.
  • Agora has been experiencing declining revenue and needs to reignite growth while cutting costs.
  • I remain Bearish [Sell] on Agora, Inc.

Investment Outlook

Agora, Inc. ( API ) provides developers with embedded real-time video and other communications....

For further details see:

Agora Cuts Costs And Continues Share Buybacks As Revenue Drops
Stock Information
Company Name: Agora Inc.
Stock Symbol: API
Market: NASDAQ
Website: agora.io
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